Get Aircraft Purchase Agreement Fillable

The Aircraft Purchase Agreement Fillable is an essential document for individuals or entities engaging in the purchase of an aircraft. This guide will walk you through each section of the agreement, ensuring that you fill it out correctly and efficiently online.

Follow the steps to fill out the Aircraft Purchase Agreement Fillable online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. In the 'Parties' section, fill in the details for both the Seller and Purchaser. Provide their names, addresses, cities, states, zip codes, phone numbers, and email addresses.
3. In the 'Aircraft' section, enter the registration number, make and model of the aircraft, and the year and serial number.
4. In the 'Purchase Price' section, specify the amount the Purchaser will pay to the Seller.
5. Fill in the 'Deposit' section to indicate the amount the Purchaser will deposit as earnest money with the Escrow Agent.
6. Complete the 'Closing' section by noting the agreed upon Escrow Agent and stipulations regarding the disbursement of funds and recording of the Bill of Sale.
7. In the 'Occasional Sale and State Sales Tax' section, confirm the intention of the transaction and responsibility for any sales tax.
8. In the 'Aircraft Condition' section, acknowledge the Purchaser’s right to conduct a pre-purchase inspection and the acceptance of the aircraft 'AS IS'.
9. For the 'Encumbrances' section, ensure statements regarding the release of all encumbrances against the aircraft title are accurate.
10. In the 'Default/Enforcement' section, be aware of the implications of defaults on the agreement.
11. Review the sections on 'Invalidity of Specific Contract Provisions', 'Governing Law', 'Modifications', and 'Waiver of Provisions' to understand the terms.
12. In the 'Signatures' section, ensure both the Seller and Purchaser sign and date the agreement appropriately.
13. Finally, save your changes, download the completed form, print it if necessary, or share it as needed.

Complete your Aircraft Purchase Agreement Fillable online today for a smooth transaction.